Mass layoffs at Intel: California-based chipmaker Intel is laying off more than 2,000 employees in the United States to cut costs, as per reports.
The layoffs will impact nearly 1,300 employees at Oregon, another 385 employees in Arizona, and 219 employees in California, US publication CRN reported. It further said that another 251 job cuts are also expected in Texas.
An Intel spokesperson told the publication that these job cuts are part of the 15,000 layoffs that were announced by Intel CEO Pat Gelsinger earlier in August. He had then said that the layoffs were aimed at cutting costs by over $10 billion amid the company’s financial situation.
This is a breaking story, updates are awaited…
